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DataSnipper

Category: AI Agents

An intelligent automation platform embedded in Microsoft Excel that helps audit and finance professionals increase efficiency and accuracy DataSnipper was founded in 2017. The company is led by Vidya Peters. Based in Amsterdam, Netherlands. Team size: 501-1000. Total funding raised: $100M. Latest round: Series B. Key investors include Index Ventures, Insight Partners.

Founded
2017
Headquarters
Amsterdam, Netherlands
Team size
501-1000
Total funding
$100M

Value proposition

To automate and streamline time-consuming, repetitive tasks in audit and finance workflows, allowing professionals to focus on higher-value strategic work

Products and solutions

Intelligent Automation Platform, AI Agents (Disclosure Agents and Excel Agents), Financial Statement Suite, Cloud Collaboration Suite, Advanced Extraction Suite, DocuMine, UpLink

Unique value

DataSnipper's core innovation is its seamless integration into Microsoft Excel, allowing auditors and finance professionals to use its automation and AI capabilities within their primary work environment. This eliminates the need to switch between applications, significantly improving workflow efficiency

Target customer

Auditors, finance professionals, and accounting firms, including the Big Four (Deloitte, EY, KPMG, and PwC)

Industries served

Audit and Assurance, Financial Services, Accounting, Government, Internal Audit

Technology advantage

The main technological advantage is the use of AI, including large language models, to automate complex tasks like data extraction, validation, and analysis from various documents. The business advantage comes from its deep entrenchment in the existing workflows of auditors, leading to high adoption rates and a strong network effect within the industry

How they differentiate

DataSnipper differentiates itself by deeply integrating within Microsoft Excel, allowing auditors and finance professionals to automate and streamline tasks without leaving their familiar spreadsheet environment. Its AI-powered platform focuses on simplifying manual tasks like data extraction, reconciliation, and validation directly in Excel. The recent introduction of AI Agents, powered by Microsoft Azure, further enhances its automation capabilities for complex audit procedures

Main competitors

Workiva, AuditBoard, FloQast

Key partnerships

Microsoft (for the development and launch of AI Agents), Insight Partners (strategic investor), Strategic collaborations with major accounting firms, including the Big Four

Notable customers

Deloitte, EY, KPMG, PwC, BDO, Grant Thornton, Morgan Stanley, Siemens, Paramount, Volkswagen

Major milestones

Reached a $1 billion valuation (unicorn status) in its Series B funding round in February 2024, Expanded its user base to over 600,000 auditors and finance professionals across 175+ countries, Named the fastest-growing company in the Netherlands for two consecutive years, Launched AI Agents for faster audit and finance workflows in 2025, Listed on the Microsoft Azure Marketplace to enhance accessibility and scalability for clients, Made TIME's Best Inventions 2025 list, Recognized on Forbes Fintech 50 list in 2025

Growth metrics

DataSnipper has demonstrated rapid growth, doubling its revenue and customer base year-over-year. The company's turnover growth of 6,715% made it the fastest-growing company in the Netherlands for two consecutive years. Currently serves 600,000+ users across 175+ countries

Market positioning

DataSnipper is positioned as a leading intelligent automation platform specifically for audit and finance professionals. It has achieved significant market traction, particularly within the accounting industry, including the Big Four firms, and reached a $1 billion valuation

Geographic focus

Headquartered in Amsterdam, Netherlands, with a strong global presence serving over 600,000 users in 175+ countries and a significant customer base in North America and Europe

Patents and IP

Information on patents and specific intellectual property is not publicly available

About Vidya Peters

Previously served as Chief Operating Officer at Marqeta, where she helped lead the company through its 2021 IPO. Before that, she was the Chief Marketing Officer at MuleSoft, contributing to its IPO and subsequent acquisition by Salesforce. She also held leadership roles at Intuit and began her career at Bain & Company.

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